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Publish Date : 22-Dec-2015

In a bid to expand the volumes of mineral, container and project cargo shipments, a plan has been announced to develop a freight corridor to connect the Port of Duqm to large regional markets.

The project will be implemented under a Memorandum of Understanding (MoU)inked between Oman Rail Company and Port of Duqm Company (PDC).

In addition, Oman Rail and PDC will develop a rail industry support cluster on Port of Duqm Industrial land.

PDC will create a portfolio of competitive port and stevedoring services for Oman Rail contractors and suppliers to help build the rail network starting at the port and extending inland.

Abdulrahman Al Hatmi, CEO of Oman Rail, said,"This MoU represents an important milestone for us. It demonstrates the results of our efforts to integrate and utilise the nations world-class infrastructure assets to grow our economy. We have made a lot of efforts in working with our colleagues at the Port of Duqm to creatively plan and develop smart products which will lead to a step change in the logistics business model and fully exploit the potential of Omans infrastructure assets and natural resources."

Reggy Vermeulen, PDC's CEO, added,"Both companies have been involved in master planning rail access to the ports facilities to optimise the flow of minerals, containers and project cargo. Port of Duqm will benefit from integrated rail access, as it will cater to our shippers demands for high-quality logistics services. We see rail as a key enabler to optimise the movement of project cargo along dedicated corridors to inland oil and gas industrial zones. Having rail access to move large volumes of minerals and containers will promote the port as an attractive investment destination through significantly improving our economies of scale."

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